PANews reported on October 3rd that Eric Balchunas, senior ETF analyst at Bloomberg, noted that BlackRock's Spot Bitcoin ETF (IBIT) and SPDR Gold ETF (GLD) both ranked among the top 10 ETFs in terms of trading volume on Thursday (October 2nd), calling this a "rare phenomenon." Balchunas believes this indicates that investors are actively flocking to "hard assets" that can resist the devaluation of fiat currencies. Data showed that GLD's trading volume yesterday was US$4.88 billion, ranking fourth; IBIT's trading volume was US$3.21 billion, ranking seventh.PANews reported on October 3rd that Eric Balchunas, senior ETF analyst at Bloomberg, noted that BlackRock's Spot Bitcoin ETF (IBIT) and SPDR Gold ETF (GLD) both ranked among the top 10 ETFs in terms of trading volume on Thursday (October 2nd), calling this a "rare phenomenon." Balchunas believes this indicates that investors are actively flocking to "hard assets" that can resist the devaluation of fiat currencies. Data showed that GLD's trading volume yesterday was US$4.88 billion, ranking fourth; IBIT's trading volume was US$3.21 billion, ranking seventh.
Bloomberg analysts: Anti-fiat currency devaluation transactions are prevalent, and BlackRock IBIT and gold ETF trading volume yesterday ranked among the top ten
PANews reported on October 3rd that Eric Balchunas, senior ETF analyst at Bloomberg, noted that BlackRock's Spot Bitcoin ETF (IBIT) and SPDR Gold ETF (GLD) both ranked among the top 10 ETFs in terms of trading volume on Thursday (October 2nd), calling this a "rare phenomenon." Balchunas believes this indicates that investors are actively flocking to "hard assets" that can resist the devaluation of fiat currencies.
Data showed that GLD's trading volume yesterday was US$4.88 billion, ranking fourth; IBIT's trading volume was US$3.21 billion, ranking seventh.
Market Opportunity
TOP Network Price(TOP)
$0.000096
$0.000096$0.000096
USD
TOP Network (TOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?
The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
XLM Price Prediction: Targets $0.25-$0.27 by February 2026
The post XLM Price Prediction: Targets $0.25-$0.27 by February 2026 appeared on BitcoinEthereumNews.com. Ted Hisokawa Jan 23, 2026 05:42 Stellar (XLM) consolidates
Share
BitcoinEthereumNews2026/01/23 23:04
Will XRP Price Break Above $2 or Fall Below $1.80?
This article was first published on The Bit Journal. XRP price analysis.“XRP around at $1.91: Will It Explode or Implode?” XRP is teetering on the edge, approximately
Share
Coinstats2026/01/23 23:00